BNDW Stock Summary and Trading Ideas (Vanguard Total World Bond ETF | NASDAQ:BNDW)

Vanguard Total World Bond ETF seeks to track the performance of the Bloomberg Global Aggregate Float Adjusted Composite Index. The Fund is a fund of funds and employs an indexing investment approach designed to track the performance of the Bloomberg Global Aggregate Float Adjusted Composite Index (Index), which is designed to track the market capitalized weights of the global investment-grade bond market and is comprised of the Bloomberg Barclays U.S. Aggregate Float Adjusted Index and the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged). The Fund intends to obtain its exposure to the bonds held in the Index by investing all, or substantially all, of its assets in two Vanguard bond index ETFs (underlying funds), rather than in individual securities held in the Index.

Vanguard Total World Bond ETF trades on the NASDAQ stock market under the symbol BNDW.

As of April 19, 2024, BNDW stock price climbed to $67.30 with 31,149 million shares trading.

BNDW has a beta of 0.25, meaning it tends to be less sensitive to market movements. BNDW has a correlation of 0.29 to the broad based SPY ETF.

BNDW has a market cap of $767.22 million. This is considered a Small Cap stock.

In the last 3 years, BNDW stock traded as high as $81.37 and as low as $65.11.

BNDW has underperformed the market in the last year with a return of +2.3%, while the SPY ETF gained +21.1%. In the last 3 month period, BNDW fell short of the market, returning -0.7%, while SPY returned +4.2%. However, in the most recent 2 weeks BNDW has outperformed the stock market by returning -1.4%, while SPY returned -3.5%.

BNDW support price is $67.00 and resistance is $67.42 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BNDW stock will trade within this expected range on the day.